REGISTERED NUMBER: 05228508 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GILDING'S LIMITED

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

J M Gilding

M J Gilding

W M Gilding

P E Gilding

SECRETARY:

REGISTERED OFFICE:

The Mill

Great Bowden Road

Market Harborough

Leicestershire

LE16 7DE

REGISTERED NUMBER:

05228508 (England and Wales)

ACCOUNTANTS:

Ashford Green Limited

Electric House

Ninian Way

Wilnecote

Tamworth

Staffordshire

B77 5DE

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages four to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Ashford Green Limited

Electric House

Ninian Way

Wilnecote

Tamworth

Staffordshire

B77 5DE

10 September 2025

FIXED ASSETS

Intangible assets

4

7,500

10,000

Tangible assets

5

50,963

33,667

58,463

43,667

CURRENT ASSETS

Debtors

6

44,701

80,057

Cash at bank and in hand

262,540

321,326

307,241

401,383

CREDITORS

Amounts falling due within one year

7

303,806

407,988

NET CURRENT ASSETS/(LIABILITIES)

3,435

(6,605

)

TOTAL ASSETS LESS CURRENT LIABILITIES

61,898

37,062

CREDITORS

Amounts falling due after more than one year

8

(16,465

)

-

PROVISIONS FOR LIABILITIES

(12,741

)

(6,710

)

NET ASSETS

32,692

30,352

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

32,592

30,252

SHAREHOLDERS' FUNDS

32,692

30,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

J M Gilding - Director

M J Gilding - Director

W M Gilding - Director

1.	STATUTORY INFORMATION

Gilding's Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost and 25% on reducing balance

Fixtures and fittings

-

25% on cost and 25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

100,000

AMORTISATION

At 1 April 2024

90,000

Charge for year

2,500

At 31 March 2025

92,500

NET BOOK VALUE

At 31 March 2025

7,500

At 31 March 2024

10,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2024

25,490

30,097

53,610

Additions

-

-

7,358

At 31 March 2025

25,490

30,097

60,968

DEPRECIATION

At 1 April 2024

25,490

25,605

36,235

Charge for year

-

1,126

4,498

At 31 March 2025

25,490

26,731

40,733

NET BOOK VALUE

At 31 March 2025

-

3,366

20,235

At 31 March 2024

-

4,492

17,375

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

20,000

6,850

136,047

Additions

22,695

3,169

33,222

At 31 March 2025

42,695

10,019

169,269

DEPRECIATION

At 1 April 2024

11,387

3,663

102,380

Charge for year

7,827

2,475

15,926

At 31 March 2025

19,214

6,138

118,306

NET BOOK VALUE

At 31 March 2025

23,481

3,881

50,963

At 31 March 2024

8,613

3,187

33,667

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

34,420

69,526

Other debtors

10,281

10,531

44,701

80,057

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

11,670

-

Hire purchase contracts

5,645

-

Trade creditors

173,993

285,110

Taxation and social security

95,239

85,478

Other creditors

17,259

37,400

303,806

407,988

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

16,465

-